Charla received preferred stock as a nontaxable common stock dividend in 2018 from Marisa Corporation. The value of the preferred stock, when received by Charla, was 30,000 and the value of the common stock was 20,000. Charla acquired the common stock in 2018 for 60,000 and Marisa Co. E&P was 50,000 on the date of distribution of the preferred stock. Six months after the receipt the preferred stock, Charla sold ALL of her stock to an unrelated third party for 80,000. The ordinary income for Charla as result of the sale of all of the stock (preferred and common) is: